We examine the effects of Section 1031 of the Internal Revenue Code on commercial real estate (CRE) investors and markets, as well as on U.S. Treasury revenue. We first develop a partial equilibriu...

中文翻译：

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税收延期的好处和成本：对第 1031 条交易的分析

我们研究了《国内税收法》第 1031 条对商业房地产 (CRE) 投资者和市场以及美国财政部收入的影响。我们首先开发了一个部分平衡...